TIAA Trust National Association Has $36.59 Million Stake in GE Aerospace $GE

TIAA Trust National Association cut its stake in shares of GE Aerospace (NYSE:GE) by 1.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 121,662 shares of the company’s stock after selling 1,758 shares during the period. TIAA Trust National Association’s holdings in GE Aerospace were worth $36,593,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sumitomo Mitsui Financial Group Inc. boosted its stake in shares of GE Aerospace by 8.8% in the 3rd quarter. Sumitomo Mitsui Financial Group Inc. now owns 96,773 shares of the company’s stock valued at $29,111,000 after purchasing an additional 7,808 shares in the last quarter. Harbor Advisors LLC increased its holdings in GE Aerospace by 16.7% during the 3rd quarter. Harbor Advisors LLC now owns 7,000 shares of the company’s stock worth $2,106,000 after purchasing an additional 1,000 shares in the last quarter. Whalerock Point Partners LLC raised its position in GE Aerospace by 11.8% in the 3rd quarter. Whalerock Point Partners LLC now owns 4,998 shares of the company’s stock valued at $1,504,000 after buying an additional 529 shares during the last quarter. IAG Wealth Partners LLC boosted its holdings in GE Aerospace by 371.8% during the 3rd quarter. IAG Wealth Partners LLC now owns 486 shares of the company’s stock worth $146,000 after acquiring an additional 383 shares during the last quarter. Finally, Banco Santander S.A. raised its stake in shares of GE Aerospace by 20.4% during the 3rd quarter. Banco Santander S.A. now owns 125,262 shares of the company’s stock worth $37,681,000 after purchasing an additional 21,245 shares during the period. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Stock Performance

Shares of GE stock opened at $340.97 on Friday. The company’s fifty day moving average price is $317.13 and its 200-day moving average price is $300.97. The stock has a market cap of $357.61 billion, a PE ratio of 41.89, a price-to-earnings-growth ratio of 3.17 and a beta of 1.40. The company has a current ratio of 1.04, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. GE Aerospace has a 12 month low of $159.36 and a 12 month high of $348.48.

GE Aerospace (NYSE:GE) last posted its quarterly earnings data on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.43 by $0.14. The business had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.27 billion. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. GE Aerospace’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.32 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities analysts expect that GE Aerospace will post 5.4 EPS for the current fiscal year.

GE Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Monday, March 9th will be given a dividend of $0.47 per share. This is a boost from GE Aerospace’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Monday, March 9th. This represents a $1.88 dividend on an annualized basis and a yield of 0.6%. GE Aerospace’s dividend payout ratio is 17.69%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GE. Morgan Stanley began coverage on shares of GE Aerospace in a research note on Friday, February 20th. They issued an “overweight” rating and a $425.00 target price for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, January 22nd. The Goldman Sachs Group boosted their target price on GE Aerospace from $338.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Wolfe Research upped their target price on GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Finally, JPMorgan Chase & Co. lifted their price target on shares of GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $329.29.

Insider Activity at GE Aerospace

In other news, SVP Amy L. Gowder sold 4,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $305.73, for a total transaction of $1,222,920.00. Following the completion of the transaction, the senior vice president directly owned 16,535 shares in the company, valued at $5,055,245.55. This trade represents a 19.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Russell Stokes sold 30,363 shares of GE Aerospace stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $306.47, for a total value of $9,305,348.61. Following the completion of the transaction, the senior vice president directly owned 150,434 shares of the company’s stock, valued at approximately $46,103,507.98. This represents a 16.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 37,398 shares of company stock valued at $11,455,491 in the last 90 days. Corporate insiders own 0.21% of the company’s stock.

About GE Aerospace

GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single‑aisle airliners to widebody and military platforms.

Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.